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Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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Glidepath Ventures Sells Solar Project Portfolio Worth 887.5 MW

Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the PJM Interconnection Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the regional transmission area PJM Interconnection (PJM) to a leading clean energy-focused development and investment firm. […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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SECI Gets Approval to Buy Power From 840 MW Wind-Solar Projects

SECI has received CERC approval for adoption of tariff that was discovered for 840 MW wind-solar hybrid power projects under the Tranche-I tender The Solar Energy Corporation of India (SECI) has seen its petition, for approval of tariff discovered through a competitive bidding process for 840 MW wind-solar hybrid power projects (Tranche-I) connected to the […]

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CIM Begins Construction on Proposed 2.7 GW Westlands Solar Park

CIM Group begins work on Westlands Solar Park, one of the largest permitted solar parks in the world that could grow to more than 2.7 GW at full buildout The CIM Group has announced that it is advancing the development of Westlands Solar Park (WSP), one of the largest permitted solar parks in the world […]

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AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push

The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […]

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What India’s Large Storage Tender Means for Its Coal Thermal Sector

Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […]

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JA Solar to Supply 100 MW Modules for Subsidy-Free Projects in Spain

JA Solar has been selected to supply modules to two 50 MW solar power plants in Extremadura, Spain, with 100 MW high-efficiency mono PERC modules. JA Solar,  a leading manufacturer of high-performance photovoltaic products, has announced that it is to supply modules to two 50 MW solar power plants in Alvarado-La Risca, a town in the region of […]

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NTPC Invites Bids for Development of Wind Projects Worth 600 MW

NTPC Ltd has issued an IFB for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere in India. NTPC Ltd has issued an Invitation for Bids (IFB), inviting online bids from eligible bidders for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere […]

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